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Nearly 2 years ago, I stumbled across a house listing for a home I thought was amazing (at least according to the photos), but well beyond my price range. Today, oddly enough, I just happened to see the same listing, but for over $100k less. I guess not surprising in this market. But see below, which is the price history that I found on Zillow. Why would there be so much activity on the home listings? Price History
Date Description Price % Chg $/sqft Source
05/28/2011 Listed for sale * $580,000 -- $276 N.T. Callaway
05/28/2011 Listed for sale * $580,000 -- $276 Active Website
05/27/2011 Listing removed * $580,000 -- $276 EZ Flat Fee Realty LLC
04/07/2011 Listed for sale * $580,000 -17.0% $276 EZ Flat Fee Realty LLC
04/10/2010 Listing removed * $699,000 -- $332 NCI
03/28/2010 Listed for sale * $699,000 6.1% $332 NCI
02/24/2010 Listing removed * $659,000 -- $313 Active Website
02/05/2010 Listed for sale * $659,000 -5.7% $313 Active Website
01/27/2010 Listing removed * $699,000 -- $332 N.T. Callaway
11/03/2009 Listed for sale * $699,000 -- $332 N.T. Callaway
11/03/2009 Listing removed * $699,000 -- $332 Active Website
09/27/2009 Listed for sale * $699,000 -- $332 Active Website
09/13/2009 Listing removed * $699,000 -- $332 N.T. Callaway
08/06/2009 Listed for sale * $699,000 -- $332 N.T. Callaway
08/06/2009 Listing removed * $699,000 -- $332 Active Website
04/21/2009 Listed for sale * $699,000 11.0% $332 Active Website
07/25/2007 Sold $630,000 -- $299 Public Record
We've had our eye on a place off and on that started out at 775k in 2008, and is now about 599k.
It's been on and off the market 3 times, and nobody lives there, to my knowledge.
They've switched the electricity off at least once that I know of, and the water had some sort of issue (first time I went to see it, you could hear it running through one of the walls).
They prolly should've lowered the price to what it is now back in 2008... maybe they would've sold it already.
But... I suspect they were desperately hoping the market would rebound.
My MLS IDX feeds into Zillow are horribly inaccurate for my active listings. There active listing info is about as accurate as their zestimates. Zillow has a free IDX feed you can subscribe to correct or add listings. I've tried it and it is a pain in the arse. Listing agent may have been trying to correct stuff and in the meantime the changes were treated as "activity". Not sure, but calling an experienced agent in the area you should be able to get the real picture, unless the seller was bipolar.
Thanks all, I was thinking that it was possibly an agent playing games to make it look like a new listing. But what is odd is how it seemed to be a FSBO before going back to the original agent.
The other thing that occurs to me is someone is going to get an amazing deal on this place! I feel for the owners who purchased it just 4 years ago at $630k...and now are obviously a bit desperate to unload it!
Thanks all, I was thinking that it was possibly an agent playing games to make it look like a new listing. But what is odd is how it seemed to be a FSBO before going back to the original agent.
The other thing that occurs to me is someone is going to get an amazing deal on this place! I feel for the owners who purchased it just 4 years ago at $630k...and now are obviously a bit desperate to unload it!
Don't confuse "great deal" with current market value.
Go to the county website and look up the address. It may have been foreclosed on.
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